January 4th Morning Thoughts
Good morning, students. Bitcoin's daily chart shows two consecutive bearish candles. The Bollinger Bands are gradually narrowing upwards, and the MACD moving average continues to extend downwards, with bearish volume being consistently released. The KDJ line, however, is steadily moving upwards. On the 4-hour chart, the Bollinger Bands have switched to a downward narrowing trend, but the price has now rebounded above the middle band. At this point, the MACD moving average has started to turn upwards, with bullish volume gradually increasing, and the KDJ line is also showing an upward trend. Regarding Ethereum, the daily chart shows an alternating pattern of bullish and bearish candles, with strong bullish momentum breaking through new highs, approaching around 3632. The Bollinger Bands have opened in an upward direction, and both the MACD moving average and KDJ line are moving upwards in unison, with bullish volume continuing to expand. The 4-hour chart also shows that the Bollinger Bands are widening, the MACD moving average is climbing upwards, bullish volume is in an expanding state, and the KDJ line is also advancing upwards.
Bitcoin: 97300-98000 Buy Target 98600-99300
Ethereum: 3570-3590 Buy Target 3630-3670